BUSINESS ACCOUNTING
At Higgins Wood and Associates we understand the complexity that comes with creating a business.
We will assist you through the total business life cycle from pre-purchase or setup to sale of business or succession planning transitioning to the next generation.
Services include:
- Custom built strategic business plan tailored to your circumstances
- Budgeting and development of KPIs
- Business purchase valuation
- Appropriate business structuring
- Tax advice and compliance
- Assisting with appropriate accounting software
- Assisting with your financing needs
- Preparing business for sale
- Succession planning
A critical issue no matter what stage you are at is planning and goal setting.
Planning for improvement is a continuous process. It is an on-going cycle of goal setting, trying things out, appraisal, reflection and redesigning what you do/offer to customers, based on outcomes.
Higgins Wood and Associates can support you in this important planning process to ensure you see consistent improvement to your business.
- Step 1 is sitting with you and your team to scope where you are now and identify where you want to be.
- Step 2 is considering what needs to be done to get you from where you are now to where you want to be.
- Step 3 is to determine internal and external factors that will influence your ability to get where you want to be.
- Step 4 is translating that into a realistic, achievable and sustainable plan of action.
- Step 5 is prioritizing the actions, setting KPIs/targets and assigning the actions.
So what can you expect from having Higgins Wood and Associates support you in this planning process?
- A vision to which all your members are committed.
- A set of clear, doable goals with targets.
- Identification of new opportunities/products/services to keep you competitive in the market.
- Identification of what your priorities will be for the next 12-24 months.
We can also assist you in the review phase (Step 6) you undertake that monitors and measures performance throughout the year. It helps to have at least a mid year and end of year look at what is working and what is not, to determine why/why not, and to celebrate and build on the major achievements.